As U.S. Attorney General William Barr is reportedly rushing to file an antitrust lawsuit against Google, an action that has all the markings of a political vendetta, progressives in the New York state Senate are launching their own campaign against Big Tech.
The Senate Consumer Protection Committee will hold a hearing on Monday to consider a misguided proposal known as the “Twenty-First Century Anti-Trust Act.” The bill would dramatically adjust the purpose of New York’s antitrust laws. Current law aims to prevent price-fixing, while the new proposal would shift the law to a nebulous standard that targets any player assumed to be dominant in the market.
If passed and signed by Gov. Andrew Cuomo, this bill would set back innovation in this state.
Read the full op-ed here.
